AGP Executive Report
Last update: 41 minutes agoAustralia Coal Compliance: Peabody Energy Australia signed an Enforceable Undertaking with the Fair Work Ombudsman after nearly $5m in back-payments and interest to 197 underpaid workers, plus a $50,000 contribution payment and new compliance systems. Gold Exploration Breakthrough: Broken Hill Mines’ Centenary Zone discovery from 1983 is being re-examined after decades of drilling limits from a hard-to-penetrate shear zone, with Broken Hill Mines saying the deposit was previously estimated at ~5m tonnes at ~8–9% zinc equivalent. Investor & Financing Moves (Gold/Silver): Avanti Gold will present at the OTCQB Virtual Investor Conference Aug. 6; Snowline Gold launched a C$150m bought deal; Endeavour Silver secured a $25m revolving credit facility; Allied Gold reported Q2 results and momentum into mine sequencing and Kurmuk start-up. Operational Updates (Copper/Gold): Trekor posted $125m adjusted EBITDA in Q2 on strong Gibraltar copper performance and progress at Florence Copper; Ero Copper reported Q2 cash flow growth and rising gold output. M&A/Production (Gold): Equinox Gold reported Q2 results after closing its Orla Mining merger, positioning it as a new North America senior gold producer. Policy & Sector Signals: New Zealand Minerals Council urged the government not to “kill the golden goose” in royalty changes; Sweden lifted uranium development barriers, elevating mining as national security.
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